CPABC in Focus September/ October 2015 | Page 25

kiddy0265/iStock/Thinkstock CPD Reporting CPD reports are due by January 31 for the previous calendar year. You can log your CPD activities online throughout the year as you undertake them. Failure to complete and report CPD requirements will result in a $200 late reporting administration fee and, ultimately, in suspension and cancellation of membership. CPD Audit It is important for you to keep supporting records of your CPD activities for five years after the end of the annual reporting cycle, as CPABC audits a random sample of members each year for the preceding threeyear cycle. You do not need to submit the supporting records unless requested. VANCOUVER RICHMOND CALGARY Verifiable CPD Sources CPD does not have to be taken through CPABC; it does not even have to be taken in Canada. CPD may be completed through any learning institution, organization, and/ or employer. Nor does CPD have to be accounting related. You choose the area of learning. Verifiable CPD only has to be relevant to your particular employment or professional role, business situation, or career aspirations. CPD Reductions and Exemptions Please refer to our website at bccpa.ca for information about CPD reductions and exemptions. You may qualify if you are retired, caring for a dependant, on medical leave, or have special circumstances. US AND CROSS-BORDER TAX IS OUR BUSINESS. LET US HELP YOU WITH YOURS. • • • • US citizens in Canada Cross-border business Investing in the US US tax return preparation Sidhartha Rao JD, LLM Warren Dueck CPA, FCA Lori Lui CPA, CGA Steven Flynn CPA, CA Daren Raoux CPA, CA Additional Information For further information, please refer to our website at bccpa.ca or contact us at [email protected]. You can also reach us by phone at 604 872.7222 or toll-free in BC at 1 800 663.2677—just ask to speak with a CPD administrator. T: 604.448.0200 • Toll Free: 1.855.448.0200 • wldtax.com CPABC in Focus • Sept/Oct 2015  25